The government needs to hear complaints about how IT is driving up the cost of college, by providing huge subsidies to "needy" students. College has always cost whatever the market will bear, and if everyone is eligible for a deferred-interest loan to the tune of $5000+ a year, the sticker price of college tuition will go up by the same amount. Not to mention all the idiotic regulations (Title IX etc.) that the government forces colleges to comply with at significant cost, in order to participate in the financial aid gravy train that they have to participate in to be competitive with other colleges for getting students.
You mean the same IT that moved jobs out of the country so they could compete? The same IT that claimed cheaper labor has made the products more affordable say at WalMart?
Geez, I would think there should be no needy students in college or are the real complaints for Congress to find a way to finance these kids? Kids can still work and put themselves through college if they so choose. I tend to think these kids and their parents want a no money worry guarantee to college. If that isn't true--why are the parking lots at colleges so big and stuffed with cars? For that fact parking lots at the high schools are stuffed with pretty new cars. And who bought all those cars and pay to park them? Kids need to get a job and pay for or help their parents pay for their education. Overhead costs are part of the cost of education. Last I looked they were not provided by the school (books, pencils, parking, various fees, room and board, and on and on). IT is not relevant. It is no different than a book.